Company Valuation: Supalai

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 44,223 47,459 36,327 35,546 32,070 31,569 - -
Change - 7.32% -23.46% -2.15% -9.78% -1.56% - -
Enterprise Value (EV) 1 62,487 47,459 58,780 64,609 66,269 62,085 64,204 63,763
Change - -24.05% 23.85% 9.92% 2.57% -6.31% 3.41% -0.69%
P/E 6.25x 5.8x 6.06x 5.74x 8.13x 7.17x 7.01x 6.42x
PBR 1.05x - 0.72x 0.67x 0.6x 0.57x 0.55x 0.53x
PEG - 0.4x -0.2x 1.76x -0.2x 0.6x 2.94x 0.71x
Capitalization / Revenue 1.52x 1.38x 1.17x 1.14x 1.33x 1.23x 1.22x 1.15x
EV / Revenue 2.14x 1.38x 1.89x 2.07x 2.75x 2.43x 2.48x 2.33x
EV / EBITDA 7.4x 4.99x 7.96x 8.43x 14.2x 11.5x 11.5x 11x
EV / EBIT 7.51x 5.06x 8.11x 8.66x 14.8x 12.9x 12.7x 11.4x
EV / FCF 15.9x - -227x -69.5x 93.1x 11.6x 19.6x 14.6x
FCF Yield 6.28% - -0.44% -1.44% 1.07% 8.64% 5.11% 6.84%
Dividend per Share 2 1 - 1.45 1.35 1.4 1.331 1.291 1.356
Rate of return 4.41% - 7.8% 7.42% 8.24% 7.97% 7.73% 8.12%
EPS 2 3.63 4.19 3.07 3.17 2.09 2.328 2.383 2.6
Distribution rate 27.5% - 47.2% 42.6% 67% 57.2% 54.2% 52.2%
Net sales 1 29,160 34,486 31,177 31,194 24,124 25,580 25,934 27,370
EBITDA 1 8,444 9,514 7,386 7,665 4,680 5,383 5,577 5,792
EBIT 1 8,321 9,387 7,249 7,462 4,467 4,808 5,054 5,587
Net income 1 7,070 8,173 5,989 6,190 4,015 4,510 4,634 5,027
Net Debt 1 18,264 - 22,453 29,064 34,200 30,516 32,635 32,194
Reference price 2 22.70 24.30 18.60 18.20 17.00 16.70 16.70 16.70
Nbr of stocks (in thousands) 1,948,141 1,953,054 1,953,054 1,953,054 1,886,454 1,890,377 - -
Announcement Date 2/22/22 2/21/23 2/20/24 2/25/25 2/25/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
7.11x2.48x11.76x7.82% 909M
15.26x4.86x13.08x3.32% 43.43B
9.2x1.55x8.11x3.86% 31.8B
18.25x4.01x16.39x1.35% 27.83B
6.32x0.39x0.76x8.87% 27.14B
13.53x3.03x14.64x2.61% 24.53B
8.79x2.26x6.96x3.97% 20.7B
8.09x0.9x3.26x2.76% 20.68B
13.65x6.6x17.63x1.56% 19.75B
10.54x1.67x14.47x3.58% 19.19B
Average 11.07x 2.78x 10.71x 3.97% 23.6B
Weighted average by Cap. 11.84x 2.91x 10.64x 3.62%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield